Ecobank after-tax profit up 91pct

HARARE, March 23 (The Source) – Ecobank Zimbabwe reported a 91 percent  increase in after-tax profit to $9,9 million in the full year to December on the back of increased net interest income and operational efficiency. “Net interest income grew by 10 percent on the… Read More

Meikles’ mining JV collapses

HARARE, March 22 (The Source) – Meikles Limited’s foray into mining faces uncertainty following the withdrawal of its foreign joint venture partner, Centar Limited. Announcing Meikles’ belated 2016 financials, chairman John Moxon announced that Centar had withdrawn from Zimbabwe. He did not give reasons behind… Read More